Ingresos de Actividades Ordinarias
En esta sección se presentan diversos estudios relacionados con los múltiples temas que se desprenden del tratamiento que las Normas Internacionales de Información Financiera (IFRS por su sigla en inglés) le otorgan a los “Ingresos de Actividades Ordinarias”. La presentación de los estudios se estructura en dos categorías. La primera comprende trabajos realizados por Observatorio IFRS, mientras que la segunda categoría se centra en proporcionar bibliografía de interés.
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Normas Internacionales de Contabilidad e Información Financiera e Interpretaciones que regulan esta área de información: |
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| IAS 18 | : | Ingresos de las Actividades Ordinarias |
Referencias bibliográficas de interés:
CÓDIGO: BIAO - 001
Atwood, T., Drake, M., Myers, J. y Myers, L. (2011). Do earnings reported under IFRS tell us more about future earnings and cash flows?. Journal of Accounting and Public Policy. Volumen 30, Issue 2, pp. 103–121
Abstract
We contribute to the debate about the relative benefits and costs of International Financial Reporting Standards (IFRS) adoption by examining whether earnings persistence and the association between current accounting earnings and future cash flows differ for firms reporting under IFRS versus firms reporting under United States Generally Accepted Accounting Principles (U.S. GAAP) and firms reporting under non-U.S. domestic accounting standards (DAS). Using samples comprised of 58,832 firm-year observations drawn from 33 countries from 2002 through 2008, we find that positive earnings reported under IFRS are no more or less persistent than earnings reported under U.S. GAAP but losses reported under IFRS are less persistent than losses reported under U.S. GAAP. Moreover, we find that earnings reported under IFRS are no more or less persistent and are no more or less associated with future cash flows than earnings reported under non-U.S. DAS. However, we find that earnings reported under U.S. GAAP are more closely associated with future cash flows than earnings reported under IFRS. This is important if a key role of reported earnings is to help investors form expectations about future cash flows. These results should be of interest to academics and standard-setters as they debate the merits of transitioning to IFRS, and to parties who use reported earnings to form expectations about future earnings and cash flows.
Disponible en:
http://www.sciencedirect.com/science/article/pii/S0278425410000682
CÓDIGO: BIAO - 002
Dobler, M. (2008). Rethinking revenue recognition ? the case of construction contracts under International Financial Reporting Standards. International Journal of Revenue Management. Volume 2, Number 1, pp 1-22.
Abstract
Accounting scandals and deficiencies in standards have persuaded international accounting standard-setters to rethink revenue recognition. The proposals of the joint IASB/FASB-project Revenue Recognition feature an asset-liability approach relying on measurement at fair values or at allocated customer consideration amounts. This paper chooses construction contracts to illustrate and to evaluate the far reaching changes implied by the proposals in a multi period context. Main results suggest that the proposals are ambivalent in terms of relevance but critical in terms of reliability compared to the recent IAS 11. A pure fair value approach which yields irritating patterns of revenue recognition, is inappropriate for stewardship purposes, and unlikely to be adopted because of regulatory incompatibilities. Measuring performance obligations at allocated consideration amounts partly mitigates these concerns.
Disponible en:
http://inderscience.metapress.com/content/e85j728224245g02/
CÓDIGO: BIAO - 003
Henry, E., y Holzmann, O. (2009). Contract-Based Revenue Recognition. Journal of Corporate Accounting & Finance. Volumen 20, Issue 5, pp. 77–81.
Abstract
The Financial Accounting Standards Board and the International Accounting Standards Board (IASB) issued a joint discussion paper on revenue recognition, Preliminary Views on Revenue Recognition in Contracts with Customers, at the end of 2008. Perhaps the most important feature of the discussion paper is the Boards’ preliminary view on a single “contract-based revenue recognition model” intended to serve as a broadly applicable model for recognizing revenue. This model, based on the concept of rights and obligations arising from a contract between a company and its customer, recognizes revenue as the net contract position (contract rights minus obligations) increases over the life of a contract. The discussion paper was issued in December 2008 with a comment period ending in June 2009. After reviewing comments, the Boards plan to issue an Exposure Draft of a revenue recognition standard for U.S. generally accepted accounting principles (GAAP) and international financial reporting standards (IFRSs). In this article, we summarize the main points of the preliminary views presented in the discussion paper and highlight specific differences with current standards.
Disponible en:
http://onlinelibrary.wiley.com/doi/10.1002/jcaf.20518/abstract
CÓDIGO: BIAO - 004
Schipper, K., Schrand, C., Shevlin, T., y Wilks, T. (2009) Reconsidering Revenue Recognition. Accounting Horizons: March 2009, Volumen 23, No. 1, pp. 55-68.
Abstract
This commentary summarizes the materials presented and some of the discussion at the November 2007 AAA/FASB Financial Reporting Issues Conference. The topic of the conference was revenue recognition, and the IASB/FASB were considering two new models: the customer consideration model and the measurement model. This commentary provides some background on revenue recognition, discusses the need for a new model, and presents the two models. The conference discussion highlighted that the two proposed models are based on a single conceptual approach but differ in measurement issues. Key aspects in both models are the identification of contractual performance obligations between the seller and customer (which gives rise to a contract liability) and determining when the performance obligation is satisfied (equivalently, when the contract liability is extinguished) and revenue is recognized.
Disponible en:
http://aaajournals.org/doi/abs/10.2308/acch.2009.23.1.55